The housing market is currently navigating a turbulent sea of rising supply coupled with faltering demand, factors that are conspicuously pointing toward a period of price cooling. Recent data from the S&P CoreLogic Case-Shiller Index reveals that nationwide home prices recorded a mere 2.7% increase in April compared to the previous year, marking a significant
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As a beacon of growing economic potential, the state of Utah is launching an audacious $2.7 billion development project on state-owned land. This initiative, dubbed “The Point,” seeks to transform a neglected 600-acre area into a bustling hub of infrastructure, housing, retail, and innovation—while raising eyebrows among fiscal conservatives and community skeptics alike. Bond financing
New York City is facing a series of stark challenges, not least of which is the dire affordable housing crisis that has reached critical proportions. Among the voices calling for change is Zohran Mamdani, a candidate in the New York Democratic mayoral primary who is making waves with his ambitious proposal to borrow $70 billion
The narrative surrounding international stocks in 2025 is one of resurgence, especially when juxtaposed against the ongoing struggles of the S&P 500. While many analysts and investors have fixated on the underwhelming performance of U.S. equities—which are merely up 2% this year—there exists a compelling case for diversifying into global markets. This phenomenon isn’t just
In a stunning turn of events, Republican Representative Elise Stefanik has drawn attention to the financial practices of one of America’s most respected institutions, Harvard University. On the surface, a bond sale might seem like a peculiar avenue for political confrontation, yet beneath this financial transaction lies an intricate tapestry of ethics, transparency, and accountability.
The passage of House Bill 2025 in Oregon threatens to reshape the state’s economy through a staggering $14.6 billion tax and fee increase over the next ten years. This is not just an incremental bump in funding for transport; it is an audacious attempt by state legislators to usher in what they are calling “transformative
The recent data on the housing market presents a mixed bag of indicators—but beneath the slight rise in home sales lies a more troubling narrative. In May, the sale of previously owned homes saw a marginal increase of just 0.8%, climbing to an annualized rate of 4.03 million units, as reported by the National Association
As of June 2023, the pulse of the American housing market reveals alarming signs of distress. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) has seen a concerning dip to 32, down from 34 in May, indicating that builder sentiment is plunging deeper into negativity. With anything below 50 signaling an
The defense sector stands at a unique crossroads, where uncertainty surrounding ambitious projects like President Trump’s “Golden Dome” missile defense initiative does not spell doom for major defense stocks. Bernstein’s analysis showcases that, irrespective of the project’s ultimate success, the push for increased military preparedness is likely to keep the money flowing into the coffers
The recent approval by the Oklahoma City Council to secure the National Basketball League’s Thunder in a new, massive arena highlights the city’s willingness to invest heavily in sports infrastructure—a decision that might not only define the sports culture but also the economic trajectory of the city for years to come. At a staggering cost